Successful Active Laundromat Business along with 4 fully occupied spacious 1-bedroom apartments in a prime traffic location right off of / near N 5th St highway. Each residential unit features a separate living and dining room area along with a private bedroom. There is plenty of room to add value to both the laundromat and rental units based on the current below market rents. If interested in a larger portfolio of laundromat investment properties, please contact the listing agent for further details. Schedule your showing today!
Multi-familyProperty Type
1910Year Built
$122Est. Price/Sq.Ft.
Listed by Jimmy Thelusca• Pagoda Realty ERA Powered
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2026
Sq. Ft.
5,100
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Berks County
APN
14-5307-51-75-7718
Parking Spaces
—
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Sep 16, 2025.
R-3
CENTRAL PARK HISTORIC DISTRICT
Residential District
The R-3 District allows the highest residential densities and permits multifamily apartments.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland
Park & open space
Property details
Interior
Interior Information
Flooring Type: Hardwood, Tile/Brick
Living Area Sq.Ft. Source: Estimated
Multi Unit Information
# of One Bedroom Units: 4
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Accessibility Features: Other
Improvement Assessed Value: $54,700
Ownership Interest: Other
Property Condition: Good
Year Built Source: Estimated
Building Information
# of Levels (Total): 3
# of Units (Total): 4
Construction Materials: Brick, Masonry
Foundation Details: Brick/Mortar
Other Structures: Above Grade, Below Grade
Roof: Rubber
Structure Type: Detached
Building Not Winterized
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $16,600
Above Grade Information
Finished Sq.Ft.: 5,100
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $1,293
County Tax: $546
School Tax: $1,278
Tax Assessed Value: $71,300
Tax Year: 2023
Tax Annual Amount: $3,117
Assessments Information
Year Assessed: 2023
Utilities
Utilities Information
Electric Previous 12 Months: $2,880
Electric Average / Month: $240
220 Volts
Baseboard - Electric
Heating Fuel: Electric
Hot Water: 60+ Gallon Tank, Natural Gas
Sewer Septic: Public Sewer
Electric Available, Natural Gas Available, Water Available
Water Source: Public
Location
School Information
School District Name: READING
School District Source: Listing Agent
Location Information
Directions: Head east on US-422 E/Penn Ave toward Woodside Ave. Take the ramp onto US-222 N/US-422 E. Take the ramp onto PA-61 S/Centre Ave. Turn left onto Spring St. Destination will be on the left
Municipality: READING CITY
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 5,100
Stories: —
Parking Spaces: —
Basement: Yes
Accessible: No
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: 2026
County: Berks County
APN: 14-5307-51-75-7718
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Sep 16, 2025
Around this home
Schools
Northwest Middle School
Public 5-8 • Assigned • 0.4mi
3/10
Reading Senior High School
Public 9-12 • Assigned • 0.9mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Reading, PA • 19601
Average low and high temperatures (°F)
35
21
40
26
59
37
67
46
73
55
84
64
87
71
82
64
78
60
68
47
55
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$593,000 – $717,000
Sell confidently with a local market expert in Reading. 3 minutes to get started.